Tag Archive | "federal safety regulators"

Weekly News Roundup: Toyota Motor Corporation (NYSE:TM)

Here’s a round-up of Toyota Motor Corporation (NYSE:TM) news stories from this week. Toyota Motor Corporation (NYSE:TM) company shares ended the week at 69.36 (as of 8/27/2010).

Weekly News Roundup: Toyota Motor Corporation (NYSE:TM)

Tuesday 24 August

Toyota President Akio Toyoda has said he wants to add more fun to Toyota Motor Corporation (NYSE:TM) cars.

After taking orders on the Lexus LFA, a $375,000 supercar that was six years in the making, the president announced he will also put into motion plans for a more affordable, rear-wheel drive car and, in efforts to add a little humor in addition to the fun, maybe even a sporty version of the Prius.

Wednesday 25 August

Another recall could materialize for Toyota as the government goes through dta with a fine-tooth comb.

The National Highway Traffic Safety Administration’s Office of Defects Investigation (ODI) said on Tuesday that it is broadening its investigation to include engine stalling problems in the Toyota Corolla and Matrix models from 2005 to 2007.

The Office began a preliminary investigation into reported engine stalls in these models. Toyota has not yet indicated that it will recall these models.

Thursday 26 August

Toyota Motor Corporation (NYSE:TM) has actually begun outsourcing some of its business to the U.S. as the Japanese yen appreciates against many other major currencies and general price levels rise in Japan, according to a report on Thursday.

The company is now importing engines from the U.S. for use in some of its own cars.

Friday 27 August

Toyota Motor Corporation (NYSE:TM) said Thursday that it will recall 1.13 million compact cars, an announcement that came days after federal safety regulators cranked up their investigation into customer complaints about the cars stalling.

Models of Corolla and Matrix that were sold during the years 2005 to 2008 have been found to have some defects related to engine control modules or ECMs.

Toyota said that there are three “unconfirmed accidents alleged to be related to this condition,” one of which reportedly involved a minor injury.

General Motors also came out with a similar announcement recently.

We will be monitoring the Toyota Motor Corporation (NYSE:TM) stock price for developments over the next few weeks.

Posted in RoundupsComments (0)

Early Market News: Microsoft Corp. (NASDAQ:MSFT), Toyota Motor Corporation (NYSE:TM), Chevron (NYSE:CVX)

Early Market News: Microsoft Corp. (NASDAQ:MSFT), Toyota Motor Corporation (NYSE:TM), Chevron (NYSE:CVX)

Here are more news stories which may affect stock prices as trading continues.

The following listed companies should see some movement: Microsoft Corp. (NASDAQ:MSFT), Toyota Motor Corporation (NYSE:TM), Chevron (NYSE:CVX).

Here is a more detailed look at the news that will affect each company when trading continues.

Microsoft Corp. (NASDAQ:MSFT)

Microsoft Corp. (NASDAQ:MSFT)

Microsoft’s (NASDAQ:MSFT) big Web search project called Bing is now a year old, and despite all the marketing push for the service.

Google is still the reigning champion in terms of market share. Bing has steadily gained market share — up to 12.6 percent this summer, but Google still has 65.8 percent, according to an article from the Motley Fool listing comScore data.

Microsoft (NASDAQ:MSFT) could see a boost in market share since it recently started handling all of Yahoo’s search capabilities in the U.S. and Canada.

Toyota Motor Corporation (NYSE:TM)

Toyota Motor Corporation (NYSE:TM)

Toyota Motor Corporation (NYSE:TM) said Thursday that it will recall 1.13 million compact cars, an announcement that came days after federal safety regulators cranked up their investigation into customer complaints about the cars stalling.

Models of Corolla and Matrix that were sold during the years 2005 to 2008 have been found to have some defects related to engine control modules or ECMs.

Toyota said that there are three “unconfirmed accidents alleged to be related to this condition,” one of which reportedly involved a minor injury.

General Motors also came out with a similar announcement recently.

Chevron (NYSE:CVX)

Chevron (NYSE:CVX)

Oil and gas giant Chevron Corporation (NYSE:CVX) earned a respectable 4-star aggregate rating from the 165,000-plus investors on Motley Fool CAPS, the website’s online investing community.

One CAPS user, in reference to Chevron (NYSE:CVX) writes, “You should think of Chevron as chemical engineering power house. They will make money from rising [oil prices] and adapt to convert any carbon source they can into chemicals and fuels. … Of the oil companies, Chevron is particularly adaptive.”

We may see more movement when trading continues for Microsoft Corp. (NASDAQ:MSFT), Toyota Motor Corporation (NYSE:TM) and Chevron (NYSE:CVX).

Posted in News, StocksComments (0)


More news from StocksAndShares.TV

Many meeting unexpected costs with instant loans
Investment boosts ahead for Egyptian economy
How to find the best credit card for you
Valero Energy Pauses Spot Gasoline Sales
Wal-Mart Wants Legal Case Rejection
Wells Fargo Signs Trade Finance Exec
AT&T To Sell Nokia In November
Microsoft Buys Authentication Tech Firm
Google Updates iOS Maps
Ford Launching New Ad Campaign

.
.